SHANGHAI – Sales of electrified vehicles have been surging in China for years. But until recently, it remained unknown who was buying many of the vehicles.
But a new research project led by Beijing-based news website Sina.com discovered that a big chunk of the EVs automakers claim to have sold have ended up at their fleet and mobility operations.
Sina.com conducted the latest research along with two groups: ChinaEV100 — a Beijing-based industry trade group whose members include a wide range of domestic EV makers and suppliers, and Ways Information Technology Co., a Guangzhou-based market research firm.
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